We make credit risk less risky for mortgage lenders
As the industry leader in private mortgage insurance, MGIC makes lending safer for our customers, which include banks, mortgage bankers, mortgage brokers, credit unions, mortgage loan servicers and mortgage investors. We provide our customers with credit loss protection, reducing and in some instances eliminating the losses they would experience if a homeowner defaults on a mortgage loan.The mortgage insurance we provide also benefits consumers by helping them to overcome the down-payment hurdle. Through private mortgage insurance, they can achieve homeownership sooner with affordable, low-down-payment loans.
Explore how MGIC helps the mortgage industry as well as the broader community in the section below.
Conducting business with integrity
At MGIC, we take pride in knowing that what we do matters.That central idea – the value we place on homes and the people in them – influences the way we approach our business and our responsibilities. It is evident in how we manage our accountabilities to all our stakeholders – co-workers, customers, investors, and communities.
Take a closer look at the value we create for our stakeholders in the section below.